Who would have ever thought that we could eventually use bitcoin to purchase or rent homes and properties?
A few years ago, such an idea seemed like a long stretch of the mind, but now that day has finally come, as RE/MAX in London is now accepting bitcoin, litecoin, and dogecoin for property rentals as part of its new pilot program.
The company is giving customers the chance to experience “digital dwellings” through its partnership with Santa Monica-based payments platform GoCoin, thus allowing customers throughout the United Kingdom to rent properties with bitcoin and related cryptocurrencies. RE/MAX is now the first property rental company to welcome bitcoin as a method of payment.
Peggy Su, regional owner and director at RE/MAX London expressed enthusiasm over the partnership and feels that the company has a bright future ahead:
“RE/MAX is the most productive estate agency network in the world, and this is due, in part to the way we proactively leverage emerging technologies… RE/MAX has just topped representation in over 95 countries; this represents over one third of the world hence the importance of providing extensive options of payment methods for our clients and consumers in today’s market. Together with GoCoin, we are realizing the efficiencies of the new payments technology and its ability to add value to our internal business operations.”
Steve Beauregard, co-founder and CEO of GoCoin, added his thoughts to the mix, saying:
“RE/MAX London is taking an important first step toward embracing the full potential of the Blockchain for the real estate market… Lease payments are one area of focus, and we look forward to expanding into other areas of smart property as well.”
RE/MAX was founded in 1973, and boasts over 180 associates and 46 offices in the UK, 16 of which are directly in London.